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Tearlach Resources (TSXV:TEA) reports assay results from Gabriel Project

Market News, Mining
TSXV:TEA
01 May 2023 11:36 (EDT)

Tearlach Resources (V.TEA) reports assay results from its Gabriel Project in Nevada.

The results include 3 core drill holes, bringing the total report in Phase 1 to eight out of 11 core holes.

The company said the new holes intersected lithium-mineralized zones with intervals over 1,000 ppm and grades of up to 1,410 ppm.

“Lithium mineralization has been encountered in all eight (8) holes reported to date, which have spanned a significant portion of the Gabriel property, drastically increasing the original discovered mineralized area. These results have not only enhanced our team’s understanding but are in line with their evolving geological interpretations,” Morgan Lekstrom, CEO of Tearlach Resources, said in a statement.

Each hole retired assay values —a total of five intervals — of 1,000 ppm lithium with the highest value being 1,410 ppm.

When compared to American Lithium Corp.’s TLC deposit — which borders Tearlach’s Gabriel deposit — it shows similar lithium-bearing lithologic horizons.

The Gabriel deposit also has the potential to host a significant lithium deposit adjacent to Highway US95.

Moving forward, the company anticipates completing metallurgical testing sometime in the near future.

Shares of Tearlach (V.TEA) are up 2 per cent to C$0.26 as of 10:42 a.m. EDT

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